Source - LSE Regulatory
RNS Number : 4799Z
Ten Lifestyle Group PLC
16 May 2023
 

16 May 2023

Ten Lifestyle Group plc

("Ten" or the "Group")

Ten is awarded B Corp Certification

 

Ten Lifestyle Group plc (AIM: TENG), the platform driving customer loyalty for global financial institutions and other premium brands, announces that following a rigorous assessment process, it has been awarded B Corp Certification, joining a global community of businesses united by a shared goal of making a positive impact on society and the environment.

 

B Corp Certification is a globally recognised and independent framework for responsible businesses. It acknowledges companies that uphold the highest standards of social and environmental performance, public transparency, and legal accountability, emphasising a balanced approach between profit and purpose.

 

The certification is expected to bring significant positive impacts to Ten and its stakeholders, including:

 

·  Demonstrating ESG credentials: The certification validates Ten's ESG credentials to shareholders, members, suppliers, and stakeholders.

·    Attracting values-driven individuals: Being a B Corp helps Ten attract and retain mission-driven individuals.

·  Competitive advantage: Ten is the world's first full-service concierge company and the first AIM-listed B Corp, recognising Ten as a leader in responsible business practices.

·   Alignment with ESG priorities: Ten's B Corp Certification aligns with the growing focus on ESG priorities amongst corporate clients and individual members.

 

As a B Corp, Ten aims to strengthen its position as a socially and environmentally responsible business while gaining the benefits that extend to its stakeholders.

 

Ten will stand alongside over 6,000 B Corps worldwide, including well-respected companies such as Patagonia, Abel & Cole, Aesop, Hawksmoor, Berghaus, Learn Amp and Coutts Bank.

 

 

Alex Cheatle, CEO of Ten Lifestyle Group, said;

 

"By becoming a B Corp, we have achieved a significant milestone in our mission to become the world's most trusted service platform. This achievement underscores our commitment to building a sustainable, member-focused, values-driven and innovative business."

 

 

For further information on B Corp and to read Ten's B Corp profile, please visit www.bcorporation.net/en-us/find-a-b-corp/company/ten-lifestyle-group-plc/.

 

- End -

 

For further information please visit www.tenlifestylegroup.com or call:

 

Ten Lifestyle Group plc

Alex Cheatle, Chief Executive Officer

Alan Donald, Chief Financial Officer

 

+44 (0)20 7850 2796

 

 

 

 

Peel Hunt LLP, Nominated Advisor and Broker

Paul Gillam

James Smith

 

 

+44 (0) 20 7418 8900

 

Notes to Editors:

About Ten Lifestyle Group Plc

Ten Lifestyle Group plc ('Ten') partners with global financial institutions and other premium brands to attract and retain wealthy and mass affluent customers.

Millions of members have access to Ten's services across lifestyle, travel, dining, entertainment and retail benefits on behalf of over fifty clients including HSBC, Coutts, Morgan Stanley and Royal Bank of Canada. Ten's partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees.

Ten's operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and 25 years of proprietary expertise delivered from over 20 global offices.

Ten is on a mission to become the most trusted service platform in the world. 

For further information please go to: www.tenlifestylegroup.com.

 

 

 

 

 

 

 

 

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